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Russia pledges further oil supplies to Cuba after dispatching crude cargo
Russia will continue helping fuel-hungry Cuba with crucial supplies of oil, Foreign Minister Sergei Lavrov said on Wednesday, two weeks after Moscow sent a tanker with around 700,000 barrels of crude to the Caribbean island.
Goldman Sachs flags two‑way risks to their 2026 oil price outlook
Goldman Sachs on Tuesday flagged both upside and downside risks to its average 2026 crude forecasts for Brent/WTI at $83/78 per barrel, citing growing uncertainty around Middle East developments and oil flows through the Strait of Hormuz.
The International Energy Agency is really worried about the global oil market
Since the start of the Iran conflict, investors around the world have been worried that tight global oil supplies and high prices could eventually lead to a drop in demand. According to the International Energy Agency, these risks are finally starting to materialize.
Wells Fargo sees little change in guidance despite spike in oil prices
The fourth-largest lender in the U.S. said its outlook for net interest income and noninterest expense in 2026 has remained unchanged
Oil futures fall further below $100 on hopes of peace deal
Oil futures on Tuesday fell further below $100 as hopes rise that the U.S. and Iran may soon reach a peace deal.
BP flags 'exceptional' oil trading performance as Iran war chokes supply
BP has flagged "exceptional" oil trading performance in updated first quarter guidance. In its latest trading statement, the oil giant also said its net debt at the end of the first quarter was expected to be in the range of $25-27 billion.
BP flags 'exceptional' oil trading thanks to higher oil prices, but higher costs
BP PLC (LSE:BP.) said its first-quarter results will be shaped by volatile commodity markets, with stronger trading and refining margins partly offset by higher costs.
Oil falls as Vance signals diplomatic efforts are ongoing to resolve Mideast conflict
Investors are weighing a U.S. blockade of Iranian shipping against signs that Washington and Tehran may still continue talks. U.S. Vice President JD Vance said Monday that the next steps in U.S.-Iran peace efforts now depend on Tehran.
As Iran conflict squeezes global energy supplies, American oil becomes a vital safety net
The WTI-Brent spread isn't telling the whole story about what is going on in the oil market.
Week ahead: Goldman kicks off earnings as Iran, oil tensions linger
Wall Street is heading into one of its busiest weeks of the quarter, with earnings season kicking off, fresh inflation data on deck, and a steady drumbeat of Federal Reserve commentary likely to keep investors on edge. The spotlight will fall first on Goldman Sachs Group Inc (NYSE:GS, XETRA:GOS), which opens the floodgates for big bank earnings.
Oil spikes on Trump's Hormuz threat—but why are markets calm?
Oil prices moved sharply higher as the United States prepared to impose a blockade in the Strait of Hormuz. However, broader financial markets showed a surprising degree of restraint, reflecting investor expectations that the conflict may not spiral further.
Oil prices rise as failed deal between U.S. and Iran raises risk of prolonged war
West Texas Intermediate and Brent crude both climbed above $100 a barrel on Monday after a breakdown in talks between the U.S. and Iran over the weekend.
